The Newberry Library FY2022 filing

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The Newberry is an internationally recognized cultural organization that is home to a growing and dynamic collection of materials that chronicles human achievement and experience from year one through today. We preserve these items and make them accessible so that users may better learn from the past, understand the present, and influence the future. Anyone 14 years of age or older can get a free readers card and explore their curiosity in our reading rooms by coming face-to-face with one of 600,000 maps, 5 million manuscript pages, or 1.6 million books, and more. We serve scholars at all points in their careers, supporting groundbreaking research in a variety of fields. We engage the public through free exhibitions that showcase the collection, free programs that explore a variety of topics from history to literature to performing arts, and continuing education classes.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
$979K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $932K a year · 8% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$979K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Plus $79.0M in investments, Pt X · Ln 11–13
Looks good: 4.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $69K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$7.5M
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
49
of 49 voting members
Looks good: 49 of 49 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$14.5M
+19% vs prior year
Spent
$13.7M
To programs
63%
Net assets
$94.5M
By yearFY2020–FY2025
Revenue
$14.5M
FY2022▲ +19%
Tap a bar for its year
Revenue by fiscal year
FY2020$11.1M
FY2021$12.2M
FY2022$14.5M
FY2023$14.6M
FY2024$10.9M
FY2025$9.9M
Expenses
$13.7M
FY2022▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020$12.4M
FY2021$11.0M
FY2022$13.7M
FY2023$13.8M
FY2024$13.9M
FY2025$14.1M
Net assets
$94.5M
FY2022▼ -13%
Tap a bar for its year
Net assets by fiscal year
FY2020$90.1M
FY2021$109.2M
FY2022$94.5M
FY2023$102.1M
FY2024$104.8M
FY2025$107.7M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1939.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $8.7M Management & general 30% · $4.1M Fundraising 6% · $885K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

56 people listed on the 990; $979K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President & Librarian
$337,621Pt VII · Sec A
VP, Finance & Admin.
$218,321Pt VII · Sec A
VP, Collections and Library Services
$206,490Pt VII · Sec A
Director, Information Technology
$110,940Pt VII · Sec A
VP, Development
$106,123Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Astrida Tantillo’s $351K as President & Librarian is at the 97th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Astrida Tantillo$350,520—————
Daniel a Greene Thru 0423——$339,758———
Daniel a Greene—$123,966—$337,621$266,827$103,633
David C Spadafora————$229,206$309,066
Laura M McGrady——$108,431$218,321$175,674$54,531
Alice D Schreyer———$206,490$176,050$187,870
James P Burke JR—————$200,817
Alice Schreyer—$114,926$199,664———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Newberry Library executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Preserves and shares a vast collection of historical research materials on Europe and the Americas, offering public exhibitions and digital access to the humanities.

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1 program · $8.7M · in their own filed words · FY2021
01

Our dedicated librarians, curators, catalogers, and conservators remained tireless in their work to serve readers, grow and care for the collection, and expand access to digital TOOLS.ITEMS cataloged: 4,051ITEMS treated by conservation: 1,278INDIVIDUALS registered as new newberry readers: 2,685ITEMS requested for use in reading rooms…

$8.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$69K
Grants paid · 21 grants · $5.7M · 2019–2024
Unitemized GrantFY2024$640,577
Unitemized GrantFY2024$394,008
Unitemized GrantFY2024$46,200
Unitemized GrantFY2024$2,500
Unitemized GrantFY2024$1,399
Unitemized GrantFY2023$530,184
Unitemized GrantFY2023$400,534
Unitemized GrantFY2023$33,400
Unitemized GrantFY2023$9,600
Unitemized GrantFY2023$3,483
Unitemized GrantFY2022$728,016
Unitemized GrantFY2022$385,770
Unitemized GrantFY2022$9,164
Unitemized GrantFY2022$1,534
Unitemized GrantFY2021$607,685
Unitemized GrantFY2021$323,869
Unitemized GrantFY2021$89,673
Unitemized GrantFY2020$300,830
See all 21 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$14.5M
Ln 12
Gifts and grantsLn 1h$10.4M
Investment incomeLn 3$2.6M
Fees for servicesLn 2g$1.0M
Money outPt IX
$13.7M
Ln 25
Programscol B$8.7M
Managementcol C$4.1M
Fundraisingcol D$885K
Owns and owesPt X
$94.5M
net assets · Ln 32
Cash and savingsLn 1–2$4.7M
Total assetsLn 16$102.0M
LiabilitiesLn 26$7.5M
PeoplePt VI, VII
56
listed · VII A
PaidVII A5
Voting boardVI 1a49
IndependentVI 1b49
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10.4M
Government grantsLn 1e$3.4M
Noncash giftsLn 1g$1.3M
Fundraising eventsLn 1c$240K
Fees for servicesLn 2g$1.0M
Investment incomeLn 3$2.6M
Other incomeLn 4–11$498K
Gains on assetsLn 7$672K
Total revenueLn 12$14.5M
Assets in detailPt X, end of year
CashLn 1$4.7M
Cash and savings togetherLn 1–2$4.7M
InvestmentsLn 11–13$79.0M
Land, buildings, equipmentLn 10c$15.9M
Other assetsLn 15$515K
Total assetsLn 16$102.0M
LiabilitiesLn 26$7.5M
Net assetsLn 32$94.5M
OperationsPt I, VI
EmployeesI 5118
VolunteersI 6103
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$1.7M
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$110K
Noncash gifts receivedSch M Pt I$1.3M
EndowmentSch D · Pt V
LineFY22FY21FY20FY19FY18
End of yearLn 1g$41.4M$49.1M$40.4M$66.4M$63.6M
Given inLn 1b$79K$329K$1.2M$452K$1.3M
SpentLn 1d–1f$1.2M$1.8M$29.4M$654K$1.2M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$5.6M$4.7M
InvestmentsLn 11–13$93.9M$79.0M
Land, buildings, equipmentLn 10c$16.8M$15.9M
Total assetsLn 16$118.3M$102.0M
LiabilitiesLn 26$9.0M$7.5M
Net assetsLn 32$109.2M$94.5M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1.0M$1.0M
Grants and assistance to foreign recipientsLn 3$110K$110K
Pay of current officers, directors and key staffLn 5$528K$528K
Other salaries and wagesLn 7$4.9M$3.4M$974K$508K
Pension plan contributionsLn 8$228K$137K$72K$18K
Other employee benefitsLn 9$887K$606K$218K$63K
Payroll taxesLn 10$371K$241K$93K$37K
Management feesLn 11a$593K$150K$443K$58
Legal feesLn 11b$12K$12K
Accounting feesLn 11c$81K$81K
Investment management feesLn 11f$173K$106K$67K
Other fees for servicesLn 11g$180K$72K$38K$70K
Advertising and promotionLn 12$64K$20K$44K
Office expensesLn 13$279K$103K$148K$28K
Information technologyLn 14$475K$171K$299K$4K
OccupancyLn 16$1.4M$1.0M$300K$79K
TravelLn 17$126K$124K$2K$1K
Conferences, conventions and meetingsLn 19$3K$3K
InterestLn 20$112K$112K
Depreciation, depletion and amortizationLn 22$992K$736K$200K$56K
InsuranceLn 23$113K$2K$111K$67
Other expenses (24a–d)Ln 24$1.0M$635K$388K$22K
All other expensesLn 24e$7K$7K
Total functional expensesLn 25$13.7M$8.7M$4.1M$885K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Apr 24, 2026 $9.9M$14.1M−$4.2M$107.7M 990 PDF
FY2024Filed with the IRS Apr 15, 2025 $10.9M$13.9M−$3.0M$104.8M 990 PDF
FY2023Filed with the IRS Apr 25, 2024 $14.6M$13.8M$841K$102.1M 990 PDF
FY2022 ViewingFiled with the IRS Mar 20, 2023 $14.5M$13.7M$737K$94.5M 990 PDF
FY2021Filed with the IRS Mar 23, 2022 $12.2M$11.0M$1.2M$109.2M 990 PDF
FY2020Filed with the IRS Jan 13, 2021 $11.1M$12.4M−$1.2M$90.1M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign M · Noncash J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $14,465,930 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,010,097$10,361,468
I-9 Program service revenuePrior year $503,284$1,045,905
I-10 Investment incomePrior year $3,449,367$2,560,199
I-11 Other revenuePrior year $213,951$498,358
I-12 Total revenuePrior year $12,176,699$14,465,930
I-13 Grants and similar amounts paidPrior year $595,880$1,131,852
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $6,326,284$6,929,774
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,041,325$5,667,325
I-18 Total expensesPrior year $10,963,489$13,728,951
I-19 Revenue less expensesPrior year $1,213,210$736,979
Part VI · Governance 49 of 49 board members independent, no flags
VI-1a Voting members of the governing body49
VI-1b Independent voting members49
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $14,465,930 across 12 lines filed
VIII-1b Membership dues$415,022
VIII-1c Fundraising events$240,300
VIII-1e Government grants$3,397,334
VIII-1f All other contributions, gifts and grants$6,308,812
VIII-1g Noncash contributions (included above)$1,304,196
VIII-1h Total contributions, gifts and grants$10,361,468
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,045,905$1,045,905
VIII-3 Investment incomeExcluded from tax $1,888,286$1,888,286
VIII-7 Net gain or loss on sales of assetsExcluded from tax $671,913$671,913
VIII-8 Net income from fundraising eventsExcluded from tax $304,639$304,639
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $181,490 · Excluded from tax $12,229$193,719
VIII-12 Total revenueRelated to mission $1,227,395 · Unrelated business $0 · Excluded from tax $2,877,067$14,465,930
Part IX · Statement of functional expenses $13,728,951 across 23 lines filed
IX-2 Grants to domestic individualsPrograms $1,022,228$1,022,228
IX-3 Grants and assistance to foreign recipientsPrograms $109,624$109,624
IX-5 Pay of current officers, directors and key staffManagement $527,539$527,539
IX-7 Other salaries and wagesPrograms $3,434,947 · Management $974,416 · Fundraising $507,521$4,916,884
IX-8 Pension plan contributionsPrograms $136,944 · Management $72,233 · Fundraising $18,331$227,508
IX-9 Other employee benefitsPrograms $606,134 · Management $217,991 · Fundraising $63,056$887,181
IX-10 Payroll taxesPrograms $240,722 · Management $93,388 · Fundraising $36,552$370,662
IX-11a Management feesPrograms $150,109 · Management $442,794 · Fundraising $58$592,961
IX-11b Legal feesManagement $11,946$11,946
IX-11c Accounting feesManagement $80,515$80,515
IX-11f Investment management feesPrograms $105,782 · Management $66,922$172,704
IX-11g Other fees for servicesPrograms $71,851 · Management $37,789 · Fundraising $70,152$179,792
IX-12 Advertising and promotionPrograms $20,310 · Management $43,547$63,857
IX-13 Office expensesPrograms $103,183 · Management $148,406 · Fundraising $27,578$279,167
IX-14 Information technologyPrograms $171,310 · Management $299,079 · Fundraising $4,153$474,542
IX-16 OccupancyPrograms $1,035,389 · Management $299,879 · Fundraising $78,566$1,413,834
IX-17 TravelPrograms $123,502 · Management $1,819 · Fundraising $1,045$126,366
IX-19 Conferences, conventions and meetingsPrograms $3,214$3,214
IX-20 InterestManagement $111,503$111,503
IX-22 Depreciation, depletion and amortizationPrograms $735,765 · Management $200,362 · Fundraising $55,861$991,988
IX-23 InsurancePrograms $1,882 · Management $110,813 · Fundraising $67$112,762
IX-24 Other expenses (24a–d)Programs $635,304 · Management $388,249 · Fundraising $21,698$1,045,251
IX-24e All other expensesPrograms $6,923$6,923
IX-25 Total functional expensesPrograms $8,715,123 · Management $4,129,190 · Fundraising $884,638$13,728,951
Part X · Balance sheet $102,026,436 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $5,613,109$4,740,794
X-3 Pledges and grants receivableStart of year $532,474$601,910
X-4 Accounts receivableStart of year $2,446$1,068,085
X-8 Inventories for sale or useStart of year $56,045$51,450
X-9 Prepaid expenses and deferred chargesStart of year $169,830$234,070
X-10c Land, buildings and equipment, netStart of year $16,832,498$15,862,987
X-11 Publicly traded securitiesStart of year $74,506,138$61,189,061
X-12 Other securitiesStart of year $19,373,351$17,763,505
X-15 Other assetsStart of year $658,524$514,574
X-16 Total assetsStart of year $118,252,964$102,026,436
X-17 Accounts payable and accrued expensesStart of year $1,093,222$1,038,755
X-19 Deferred revenueStart of year $253,178$255,781
X-20 Tax-exempt bond liabilitiesStart of year $1,959,795$1,665,752
X-25 Other liabilitiesStart of year $1,304,267$125,340
X-26 Total liabilitiesStart of year $9,010,462$7,485,628
X-27 Net assets without donor restrictionsStart of year $42,872,336$36,534,978
X-28 Net assets with donor restrictionsStart of year $66,370,166$58,005,830
X-32 Total net assets or fund balancesStart of year $109,242,502$94,540,808
X-33 Total liabilities and net assetsStart of year $118,252,964$102,026,436
Part XI · Reconciliation of net assets $94,540,808 net assets at year end
XI-1 Total revenue$14,465,930
XI-2 Total expenses$13,728,951
XI-3 Revenue less expenses$736,979
XI-4 Net assets at start of year$109,242,502
XI-5 Net unrealized gains (losses) on investments−$15,329,634
XI-9 Other changes in net assets−$109,039
XI-10 Net assets at end of year$94,540,808

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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